The five largest technology companies on earth spent more than $400 billion on capital expenditure in 2025, most of it toward AI. Chips, data centers, servers, and software pipelines absorbed capital at a pace the technology industry had never seen. The constraint holding the whole machine back has almost nothing to do with any of
Frequent travelers will know that most airlines in the U.S. will only start accepting checked bags four hours before a domestic flight and six hours before an international one. The exact timeframes differ slightly in different parts of the world while some airports also have an early, or “twilight”, bag dropoff that lets travelers with
Goldman Sachs spent more than a year telling clients that Taiwan Semiconductor Manufacturing (TSM) was one of the best stocks to own in Asia. However, on July 1, 2026, the bank changed its mind. Goldman dropped TSM from its Asia-Pacific Conviction List. This list is the bank’s short roster of ideas its analysts strongly back.
A new federal savings account for children launches July 4. Goldman Sachs and Morgan Stanley each committed to matching the government’s $1,000 opening deposit for their employees’ children before the program even opened. Both banks confirmed the match on July 2, Reuters reported. More than 87 companies and organizations had made similar commitments by the
Intel spent most of 2023 and 2024 as one of the most beaten-down chip stocks on Wall Street. Frank Lee, an HSBC semiconductor analyst, was among the skeptics. In late 2025 he had the company on reduce with a $24 price target and a straightforward message: time to bail out. On July 2, Lee published
Gold prices seemed to be mounting a comeback, but JPMorgan just made the rally harder to trust. Investors expected the shiny yellow metal to continue pushing higher into year’s end, buoyed by rate-cut hopes, central-bank buying, and safe-haven demand. Reuters reported that spot gold was up over 2% for the week, even as JPMorgan recently
OpenAI is now worth $852 billion. The people who built that valuation are a small group of venture capitalists, early employees, and institutional investors. A much larger group of workers had their jobs, wages, and industries reshaped to help get it there. Most of them have no financial stake in the outcome. On July 2,
Palantir Technologies is betting big on a simple idea: The U.S. government should never have to depend on someone else’s AI model to protect the country. That idea is now a formal partnership. Palantir (PLTR) recently announced it is teaming with NVIDIA to give federal agencies and companies that run critical U.S. infrastructure their own
Apple (AAPL) is reportedly prepping for a 2027 hardware push that will go beyond the usual chip refresh. The Cupertino giant is testing new iPad Pro models and working on a redesigned MacBook Pro, a Bloomberg report cited by Seeking Alpha noted, setting up what could become one of its more important product cycles in
The number of airlines that had to shut down since the start of 2026 and the fuel crisis set off by the U.S. strike on Iran keeps rising. While the collapse of Spirit Airlines is the most high-profile case, Mexican holiday carrier Magnicharters also filed for bankruptcy protection in Mexico City in May while British cargo airline European